Invesque (TSE:IVQ.U) Shares Cross Below 50 Day Moving Average – Here’s Why

Invesque Inc (TSE:IVQ.UGet Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.12 and traded as low as C$0.11. Invesque shares last traded at C$0.14, with a volume of 53,500 shares traded.

Invesque Price Performance

The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The stock has a market capitalization of C$6.75 million, a price-to-earnings ratio of -0.13 and a beta of 1.40. The company has a 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.10.

Invesque Company Profile

(Get Free Report)

Invesque Inc operates as a real estate investment company in Canada and the United States. The company invests in health care and senior living properties, such as post-acute transitional care, long-term care, memory care, assisted living, independent living, and medical office properties. As of December 31, 2018, it owns a portfolio of 98 health care and senior living properties.

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